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Bracewell Represents Special Committee in Equity Restructuring of Enbridge Energy Partners, L.P.

June 18, 2014

Bracewell & Giuliani LLP represented the Special Committee of the Board of Directors of Enbridge Energy Management, L.L.C. in connection with the equity restructuring of Enbridge Energy Partners, L.P. pursuant to which its general partner will permanently waive its existing incentive distribution rights in exchange for 66.1 million Class D units and new incentive distribution units that will decrease the general partner’s share of incremental cash distributions by Enbridge Energy Partners, L.P. from 48% of all quarterly distributions in excess of $0.495 per unit to 23% of all distributions in excess of the current quarterly distribution of $0.5435 per unit.

Enbridge Energy Partners, L.P. is a master limited partnership that owns and operates a diversified portfolio of crude oil and natural gas transportation systems in the United States.

Bracewell attorneys working on the transaction included:

Partners: Michael S. Telle, R. Daniel Witschey and Gregory M. Bopp

Associates: Harrison F. Bolling and Benjamin J. Martin